Property Overview:
1148 Palm St is a single-family home in San Jose, CA, built in 1921. It features 4 spacious bedrooms, 2 luxurious bathrooms, and approximately 2,047 sq. ft. of main-level living space. The home includes a parking garage for four cars, a fireplace, forced air heating, central AC, and a cooling system. The estimated home value is $1,390,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 12.4% (higher than state average of 11.8%).
- Property crime risk: 10.5% (lower than state average of 10.8%).
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Schools:
Nearby schools include Rocketship Alma Academy, Downtown College Preparatory, and Downtown College Preparatory Middle.- Average SAT score: 1057 (542 Math, 515 English)—above state average of 975.
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Job Market:
- 57.5% blue-collar jobs, 42.5% white-collar jobs.
- Unemployment rate: 6.7% (higher than state average of 4.7%).
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Demographics:
- Community population: 17,443 (11% growth since 2000).
- 65% families with children.
- Largest age group: 25-34 years (23.41%); second largest: 35-44 years (16.85%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 43.3°F (January), 76.8°F (July).
- Average rainfall: 11.9 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $54,544.
- Average annual spending: $45,452.
Property Features:
- Meticulously remodeled 1920s Spanish Craftsman blending timeless charm with modern luxury.
- Main level: 2,047 sq. ft. with 9.5-ft ceilings; basement: 1,648 sq. ft. with 8-ft ceilings—ideal for guests, home office, gym, or theater.
- Chef’s kitchen: Custom cabinets, THOR appliances, GROHE hardware, leather honed quartzite counters, and solid white oak floors.
- Indoor-Outdoor Living: 13-ft folding door opens to a covered porch, seamlessly blending spaces.
- Outdoor space: Nearly 10,000 sq. ft. with 2,000 sq. ft. artificial turf, 1,000 sq. ft. stamped concrete patio, drought-tolerant landscaping, and aluminum pergola—perfect for entertaining.
- Smart home features: Nest locks, Lutron WiFi switches, 4K security system, CAT6A wiring, 10GB fiber optic ready.
- Climate control: Dual-pane windows, central AC, whole-house fan (reduces cooling costs by over 50%).
- Parking: Secure four-car garage (1,080 sq. ft.) behind an automatic gate; additional parking available.
- Additional features: 40-year presidential roof, dual covered porches, original tongue and groove hardwood floors.
Location Benefits:
- Commuter-friendly: Close to Tamien Station, downtown San Jose, Willow Glen, and major highways (280, 87, 101).
- Ideal for professionals: Easy access to Silicon Valley tech employers (Adobe, Zoom, eBay, Google, Cisco) and top medical centers (Santa Clara Valley Medical, O’Connor, Regional, Kaiser).
- Lifestyle: Minutes from Downtown Willow Glen (boutique shops, cafes, dining), Guadalupe River Park, and other green spaces.
- Flexible leasing: Short-term or long-term leases available. Tenant pays utilities; renters insurance required; pets considered case by case.